Business

Office Market

AKZO NOBEL to move Budapest HQ to Gateway Office Park

Dutch-owned company group AKZO NOBEL will move its Budapest headquarters to CPI Hungary's Gateway Office Park, according to a press...

Fintech

Female investors help drive growth in demand for cryptocurrencies

In January 2021, the number of women who decided to invest in cryptocurrencies increased significantly – compared to the same...

Retail

Romania retail sales growth slows in December

Romania retail sales grew in December, albeit at a softer pace, figures from the Bucharest-based National Institute of Statistics (INS)...

Pharma

Hungary gets first delivery of AstraZeneca vaccine

Hungary received its first delivery of the AstraZeneca COVID-19 vaccine last weekend, public television reported....

Retail

Slovakia retail sales fall in December

Slovakia's retail sales declined in December, figures from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Thursday. Retail sales decreased...

Residential

One-fifth of Hungarians plan home purchases in 2021

One-fifth of Hungarians between the ages of 18 and 59 plan to purchase a home this year, state news wire...

Transport

Polish international transport market skeptical about Mobility Package

More than half (54%) of clients from the Polish transport industry are afraid that The EU Mobility Package will reduce...

Innovation

GE Healthcare Recruits Hungarian AI to Support Medical Infrastructure

GE Healthcare leaders tell the Budapest Business Journal how the Edison platform, named for the company’s storied inventor-founder, aims to...

Construction

Construction job listings jump in January 

The number of job openings in the construction industry on listings site Jófogás rose 27% in January, the head of...

Office Market

What Becomes of the Budapest Office?

Our Special Report looking into the office equipment market leads inevitably to one of the most debated issues since the...

Logistics

More Developers Moving Into Logistics Sector

With logistics looking set to be a clear winner in the post-coronavirus period, developers who have traditionally been active in...

Manufacturing

Hungary’s BioTech USA launches HUF 744 mln upgrade

Hungarian dietary supplement maker BioTech USA is investing HUF 744 million in a production upgrade and expansion, Minister of Foreign...

Automotive

Magyar Suzuki sells nearly 1,500 new cars in January

With 1,473 passenger car sales registered, carving out a 16.61% share of the domestic new passenger car market, Magyar Suzuki...

Science

Don’t fear the COVID-19 vaccination! 

At Dr. Rose Private Hospital, we make sure to get our employees vaccinated against the COVID-19 virus, as it is...

Office Market

DVM group joins Studio Alliance as founding member

Integrated building services company DVM group became a founding member of Studio Alliance, a formal group of workplace experts who...

Industrial

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

Business

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

Sustainability

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Pharma

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Interview

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

Wizz Air Enters Winter With Fuel Hedges and Record Summer Traffic

Discount airline Wizz Air is preparing for winter with more than EUR 2.2 billion in liquidity and fuel hedges covering...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

FDA Accepts Richter’s Fylrevy Menopause Therapy Application for Review

The U.S. Food and Drug Administration (FDA) has accepted Gedeon Richter’s new drug application for Fylrevy, the Hungarian pharmaceutical company...

DUIHK Central to the German-Hungarian Bilateral Economic Relationship

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In this interview with the...

Egis Opens Major Pharmaceutical Distribution Center in Fót

Egis has opened a distribution center in Fót with capacity for 30,000 pallets, expanding its finished-product logistics operations to support...

Civil Engineering Surge Masks Decline in Building Construction

Civil engineering output more than doubled in Hungary in August, while building construction declined and the volume of new contracts...

Workload Outweighs Pay as Source of Workplace Distress

Workload, lack of recognition and job insecurity drive workplace distress among Hungarian employees, while pay remains their top priority, according...

CBRE Hungary Expands China Desk as Chinese Clients Pursue European Projects

CBRE Hungary has appointed Tu Yunfeng as business development manager at its China Desk, expanding the Budapest-based team as Chinese...